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Metaplanet Bitcoin Investment Clears Super League Shareholder Vote

Metaplanet Bitcoin Investment Clears Super League Shareholder Vote

Photo: NewsBTC

TL;DR: Super League shareholders have approved proposals connected to Metaplanet’s plan to contribute 2,100 BTC and cash to a new US-listed Bitcoin treasury platform. Metaplanet’s proposed American Bitcoin treasury vehicle has moved a step closer to reality, but the transaction has not yet closed. Super League Enterprise said shareholders approved the relevant proposals at their annual meeting on October 16, clearing an important hurdle in the arrangement announced earlier this year. Under the deal, Metaplanet’s US subsidiary would contribute 2,100 Bitcoin and $2.5 million in cash to Super League.

Source: NewsBTC

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